Examlex
When the stock price is very high compared to the exercise price,the call option premium approximates the difference between the stock price and strike price.
Constitution
A set of fundamental principles or established precedents according to which a state or other organization is governed.
Superior Court
A higher-level trial court that can hear appeals on certain cases and has broader jurisdiction than lower courts.
Ninth Circuit Court Of Appeals
A U.S. federal court with appellate jurisdiction over the district courts in several western states and territories.
Binding Authority
A source of law or precedent that a court or other body must follow, such as statutes or higher court decisions.
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